Enbridge Inc. (NYSE:ENB – Free Report) (TSE:ENB) – Equities research analysts at US Capital Advisors raised their Q1 2025 earnings per share estimates for Enbridge in a research report issued on Monday, March 24th. US Capital Advisors analyst J. Carreker now anticipates that the pipeline company will earn $0.64 per share for the quarter, up from their prior forecast of $0.62. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. US Capital Advisors also issued estimates for Enbridge’s Q2 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.42 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.22 EPS, Q1 2026 earnings at $0.65 EPS, Q2 2026 earnings at $0.51 EPS, Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.16 EPS and FY2027 earnings at $2.21 EPS.
Several other research firms have also recently weighed in on ENB. CIBC reissued an “outperform” rating on shares of Enbridge in a report on Wednesday, March 5th. TD Securities assumed coverage on Enbridge in a research report on Wednesday, January 15th. They issued a “buy” rating on the stock. Finally, Royal Bank of Canada upped their price target on shares of Enbridge from $63.00 to $67.00 and gave the company an “outperform” rating in a research report on Tuesday, February 18th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Enbridge currently has an average rating of “Moderate Buy” and a consensus target price of $67.00.
Enbridge Trading Up 0.4 %
Shares of ENB stock opened at $44.44 on Tuesday. The company has a current ratio of 0.55, a quick ratio of 0.54 and a debt-to-equity ratio of 1.50. Enbridge has a 12-month low of $32.86 and a 12-month high of $45.78. The stock has a market capitalization of $96.84 billion, a P/E ratio of 25.84, a P/E/G ratio of 3.92 and a beta of 0.95. The firm’s 50 day moving average is $43.48 and its 200 day moving average is $42.42.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last posted its earnings results on Friday, February 14th. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.23. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. The business had revenue of $11.59 billion for the quarter, compared to analysts’ expectations of $4.78 billion. During the same quarter in the prior year, the business earned $0.64 EPS.
Institutional Investors Weigh In On Enbridge
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in Enbridge by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 91,617,146 shares of the pipeline company’s stock valued at $3,888,507,000 after purchasing an additional 3,611,421 shares during the period. GQG Partners LLC grew its stake in shares of Enbridge by 2.1% during the 4th quarter. GQG Partners LLC now owns 74,290,740 shares of the pipeline company’s stock valued at $3,151,500,000 after acquiring an additional 1,495,742 shares during the period. TD Asset Management Inc. increased its holdings in Enbridge by 2.8% in the 4th quarter. TD Asset Management Inc. now owns 38,752,759 shares of the pipeline company’s stock worth $1,643,935,000 after acquiring an additional 1,040,799 shares in the last quarter. Deutsche Bank AG raised its stake in Enbridge by 13.9% during the 4th quarter. Deutsche Bank AG now owns 36,336,212 shares of the pipeline company’s stock worth $1,541,745,000 after acquiring an additional 4,426,684 shares during the period. Finally, Norges Bank purchased a new position in Enbridge during the fourth quarter valued at approximately $909,415,000. 54.60% of the stock is currently owned by hedge funds and other institutional investors.
About Enbridge
Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.
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